Chainlink Price Smashes New Highs, May Hit $40 in Coming Days
February 10, 2021
Chainlink Price yet Again in Price Discovery Mode!
The Chainlink price maintains a slow and steady price rise without showcasing much volatility and sustaining a slight pullback. The LINK marines who were speculated to have stepped in the court to upheld the LINK price seems to have worked hard to accomplish the task.
The LINK price is consistently making higher highs and higher lows in the recent past. Therefore based on the recent trend of the price move, the price may test the resistance levels at $37 and later at $55 in the coming weeks.
However, the LINK price rally is expected to accelerate more as the LINK bulls have stepped in according to an analyst, TOP AIM STOCKS. He further predicts that the current momentum of LINK showcases a major uptrend.
The price rally is however expected to hit $30 marks very soon which makes the path to $40 imminent as predicted by an analyst THE FLASH.
LINK Price Analysis
The LINK in the past 24 hours rallied magnificently nearly 20% from the levels close to $24 to more than $29, almost touched $30. Yet a sight pull back dragged the price close to the current levels around $27.
At the time of writing, the LINK price is $28.49 with a jump of 10.64% in the last 24 hours. The pullback may be anticipated to be a small correction which may end very soon.
The chainlink price resistance levels are formed is at its ATH at $29
The support levels are at $24.933
The indicators for LINK price point out to a ‘buy’ signals